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Tinkering with college diversity presents a tangled web

The judge took 130 pages to explain that Harvard’s “holistic review” admissions policies — which include ascribing particular attributes to certain ethnicities, such as Asian Americans, and assessing the value to Harvard of those attributes — are, considering 41 years of Supreme Court precedents, permissibly race-conscious. She said the policies do not discriminate against Asian Americans. However, the suit some ...

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Sterling investors approach ‘point of maximum danger’ on Brexit

Bloomberg The pound’s rally could have a lot further to run if a Brexit deal is secured — and far to fall if talks fail next week. Traders are the most bullish on record for the UK currency over the next month after the European Union’s chief negotiator recommended that detailed talks can begin in earnest. The currency saw its ...

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Gulf markets rise as traders await Aramco IPO details

Bloomberg Equity markets in the Middle East advanced, tracking earlier emerging market gains. Saudi Arabia’s benchmark led the way, as traders wait for Saudi Aramco to pull the trigger on its mammoth IPO. Gauges from Riyadh to Dubai rose, with bank stocks contributing the most to the Tadawul All Share Index rally. An index tracking stocks from developing countries climbed ...

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